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HEDGES AND DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Effects of Derivative Instruments on Consolidated Condensed Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ 74 $ 24 $ (31) $ 238
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 22 5 8 235
Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges     15 1
Foreign exchange forwards/options | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized on Derivatives not Accounted for as Hedges (11) 6    
Cash flow hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of cash flow hedges (12) 8 10 9
Cash flow hedges | Commodity swaps/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 17 (20) (5) (18)
Cash flow hedges | Commodity swaps/options | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (5) 5 (10) 39
Cash flow hedges | Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 25 109 (38) 189
Cash flow hedges | Foreign exchange forwards/options | Cost of products sold        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (15) (3) (30) (19)
Cash flow hedges | Foreign exchange forwards/options | Net sales        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) (1) (1) (2) 0
Cash flow hedges | Foreign exchange forwards/options | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 2 66 21 162
Cash flow hedges | Cross-currency swaps        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 32 (61) 12 37
Cash flow hedges | Cross-currency swaps | Interest and sundry (income) expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 41 (62) 29 53
Cash flow hedges | Interest rate derivatives        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) 0 4 0 56
Cash flow hedges | Interest rate derivatives | Interest expense        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Reclassified from OCI into Earnings (Effective Portion) 0 0 0 0
Net Investment hedges        
Derivative Instruments, Gain (Loss) [Line Items]        
Tax impact of net investment hedges 0 2 0 6
Net Investment hedges | Foreign exchange forwards/options        
Derivative Instruments, Gain (Loss) [Line Items]        
Gain (Loss) Recognized in OCI (Effective Portion) $ 0 $ (8) $ 0 $ (26)